MEETINGS INDUSTRY COUNCIL OF COLOR… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

ALLISON KINSLEY

Phone

3038876168

Tax Period

2023-07-01 to 2024-06-30

MEETINGS INDUSTRY COUNCIL OF COLORADO, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $491K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

MIC ENHANCES COLLABORATION AMONG MEMBER ORGANIZATIONS TO FOSTER THE GROWTH OF THE MEETINGS AND EVENTS INDUSTRY IN COLORADO AND BEYOND

Program Service Accomplishments

Program 1

Expenses: $23,435

SERVING UP HOPE LUNCHEON PROVIDES AN EDUCATIONAL FORUM AND NETWORKING OPPORTUNITIES WITH PROCEEDS GOING TO THE FOOD BANK OF THE ROCKIES AND ITS DENVER TABLE FUND.

Program 2

Expenses: $453,404

PLAN AND OPERATE A YEARLY TRADE SHOW WHICH PROVIDES AN EDUCATIONAL FORUM, NETWORKING OPPORTUNITIES, AND ADVANCEMENT OF NEW IDEAS WITHIN THE HOSPITALITY INDUSTRY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $490,839

Investment Income $0

Other Revenue $0

TOTAL REVENUE $490,839

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $476,839

Other Expenses $391,837

TOTAL EXPENSES $476,839

Year-over-Year Comparison

	2023	2022	Change
Revenue	$490,839	$428,676	+0.1%
Expenses	$476,839	$426,229	+0.1%
Net Income	$14,000	$2,447	+4.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIFFANY CARSON	CHAIR	1.00	Officer	$0	$0	$0
GYSELA FILLINGHAM	CHAIR ELECT	1.00	Officer	$0	$0	$0
SYDNEY RHEA	TREASURER	1.00	Officer	$0	$0	$0
LORA KNOWLTON	PAST CHAIR	30.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	$490,839	$476,839	$114,392	$14,000
2023	$428,676	$426,229	$113,342	$2,447
2022	$294,203	$285,097	$66,163	$9,106
2020	$462,785	$447,707	$81,831	$15,078
2019	$439,904	$425,721	$76,738	$14,183
2018	$421,961	$417,982	$58,990	$3,979
2017	$415,977	$403,366	$59,885	$12,611

MEETINGS INDUSTRY COUNCIL OF COLORADO